BlackRock Becomes Linux Foundation Gold Member

SAN FRANCISCO, May 18, 2017 /PRNewswire/ -- The Linux Foundation, the nonprofit advancing professional open source management for mass collaboration, announced that BlackRock has become a Gold Member of the foundation. BlackRock, the world's largest asset manager, is a global leader in investment management, risk management and advisory services.

BlackRock has joined The Linux Foundation as a Gold member, which includes training, marketing and consulting resources to support their contribution to open source technologies and to help sharpen their open source skills. The firm is deeply involved in open source projects every single day, including those hosted by The Linux Foundation such as Hyperledger, Kubernetes, Node.js and OpenAPI, and they have invested in companies in the open source space.

"BlackRock's membership is evidence of its continually increasing dedication to open source development," said Jim Zemlin, executive director, The Linux Foundation. "Open source projects, including ones hosted at The Linux Foundation such as Hyperledger and CNCF, are transforming the financial services industry and BlackRock is well positioned to help lead that transformation."

"We are thrilled to strengthen our connection to the open source community. We look forward to engaging on best practices and participating in Linux Foundation projects and events. The Foundation will help maximize our team's ability to both contribute to and benefit from open source technologies," said Jody Kochansky, Head of the Aladdin Product Group at BlackRock.

About The Linux FoundationThe Linux Foundation is the organization of choice for the world's top developers and companies to build ecosystems that accelerate open technology development and commercial adoption. Together with the worldwide open source community, it is solving the hardest technology problems by creating the largest shared technology investment in history. Founded in 2000, The Linux Foundation today provides tools, training and events to scale any open source project, which together deliver an economic impact not achievable by any one company. More information can be found at www.linuxfoundation.org.